Iran claims expertise in deepwater exploration
- Iran is the only member of the Organization of Petroleum Exporting Countries that has expertise in deepwater oil and gas exploration, an official said. Ali Osouli, director of the Khazar Exploration and Production Co. in Iran, said exploring the reserves in the deep Caspian basin requires technological expertise only a few countries possess. "At present, Iran is at the top of Caspian Sea littoral states to that effect," he said Sunday. Iran is among the world leaders in terms of oil reserves. More than half of its oil is found inland, ...
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